What is Lisk (LSK)?

Lisk is a decentralized network like other cryptocurrency networks and utilizes. Lisk is a next-generation platform that enables the development and distribution of Javascript based decentralized applications using an easy to use, fully featured ecosystem. With the help of Lisk, developers can build, publish, distribute, and monetize their applications within a custom built cryptocurrency powered system that utilizes custom blockchains, smart contracts, cloud storage, and computing nodes; all from within one industry solution.

Lisk (LSK): History

Lisk started as a fork of Crypti beginning with an ICO to decide the initial distribution and raise development funds. Lisk went live via ICO which resulted in $6 million (>14,000 BTC) during February and March 2016. Around 100, 000, 000LSK were issued to ICO participants, core team, early supporters and other during ICO. Then it became live for the public, and the currency was made available for the public to trade on major exchanges.

How Does Lisk (LSK) Work?

It works almost like Bitcoin or Ethereum. When a user wants to transfer funds, he needs to generate a second command which involves the receiver’s address and the amount of Lisk to be transferred. By using Delegated Proof of Stake, the transaction is validated, and after the approval, the receiver receives the amount. As a DAPPS platform, Lisk works by giving easy means (SDK, for example) to developers to build decentralized apps, using the blockchain mechanism underneath. It also works as a Decentralised Exchange where you can freely exchange cryptocurrencies without the need of any central authority.

How to Buy Lisk (LSK)?

To buy Lisk coins, you need to create a Lisk Wallet to store your coins safe. Then make sure that you won’t forget the password of your wallet if you do, you lose the access to your coins. It is not possible to buy Lisk directly, so that buy Ethereum by using Coinbase. Then exchange it for Lisk.

Lisk (LSK) Price Prediction 2018

LSK can be a profitable investment option. Lisk price equal to 23.942 USD at 2018-02-09. If you buy Lisk for 100 dollars today, you will get a total of 4.177 LSK. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-03 is 83.946 US Dollars. With a 5-year investment, the revenue is expected to be around +250.62%. Your current $100 investment may be up to $350.62 in 2022. Lisk (LSK) price today is $24.06 and have the current supply of 117,874,652 LSK. The market cap value is $2,836,405,964, and the volume is marked as $88,909,800. Lisk price prediction, Lisk price forecast, Lisk price and news, LSK price forecast, LSK price prediction 2018, What is the price of Lisk 2018.